Pelican Energy Partners-Backed Gordon Technologies Acquires Noralis

Updated 10 months 1 week ago

Pelican Energy Partners platform company Gordon Technologies has acquired Noralis which provides measurement-while-drilling (MWD) systems to the directional drilling market. Pelican has invested in new technology development as well as the significant growth of Gordon's rental fleet. Noralis will continue to operate as an independent subsidiary of Gordon and allow Gordon to offer a complete mechanical and electrical product offering for international expansion. Noralis will accelerate product development with the release of several new products over the next 12 months.